The Financial Horizons
No Result
View All Result
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
No Result
View All Result
The Financial Horizons
No Result
View All Result
Home Latest News

Senate Republicans launch effort to ban Chinese nationals from buying land in US

by
January 22, 2025
in Latest News
0
Senate Republicans launch effort to ban Chinese nationals from buying land in US
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Republican senators are putting forth legislation that would ban China from buying U.S. land entirely. 

The Not One More Inch or Acre Act, led by Republican Sens. Tom Cotton of Arkansas, Kevin Cramer of North Dakota and Katie Britt of Alabama, would require the sale of land owned or ‘influenced’ by the CCP that is deemed a national security risk. It would direct the president to take action to prohibit the purchase of public or private real estate in the U.S. by Chinese citizens or companies.

China owned around 350,000 acres of farmland across 27 states as of last year, according to data from the U.S. Department of Agriculture. 

As of 2022, foreign entities and individuals held 43.4 million acres of U.S. agricultural land, which is nearly 2% of all land in the U.S.

Lawmakers have argued that China’s land buys are a national security risk since many of them are near military installations. For years, Chinese nationals have attempted to breach U.S. military facilities, often through the use of surveillance drones or posing as tourists. 

‘For decades, the Chinese Communist Party has been gobbling up American farmland and real estate,’ Cotton, chair of the Senate Intelligence Committee, said in a statement.

‘At best, this submits American land and resources to China’s best interests, not America’s—at worst, these purchases serve as outposts for Chinese espionage campaigns against American businesses and military bases. We can’t allow Chinese citizens, or anyone affiliated with the CCP, to own one more inch of American soil. And any American land exploited by current Chinese ownership should be sold.’

Some states have already barred foreign nationals from purchasing land.

Smithfield Foods, which has a Chinese parent company, makes up the largest share of Chinese-owned land with 110,000 acres. 

A 2022 Chinese land purchase brought concerns to a fever pitch when food producer Fufeng Group bought 370 acres for corn milling near a North Dakota Air Force base.

‘One acre of American farmland owned by the Chinese Communist Party is one acre too many,’ said Britt. ‘The CCP’s strategic acquisition of farmland, particularly near our military installations, isn’t just a national security risk, it is a threat to our economic and food security.’

That prompted the Biden administration to propose a rule requiring any foreign company or individual looking to buy land within 100 miles of certain U.S. military bases to get government approval.

Last month, a Chinese national was arrested at San Francisco International Airport before he could board a flight to China on accusations that he tried to fly a drone over Vandenberg Air Force base in California.

Efforts to thwart China from purchasing U.S. farmland near U.S. military installations have gained steam among Republicans in both chambers. 

‘It’s a major concern for me that countries like China have increased purchases of American farmland tenfold over the last decade to control our land and threaten our food, energy and national security,’ Rep. Randy Feenstra, R-Iowa, who led efforts in the House to ban China from buying farmland suitable for energy production, told Fox News Digital. 

This post appeared first on FOX NEWS
Previous Post

Trump’s Day One actions reversed Biden-era health policies, including efforts to expand ObamaCare

Next Post

Danish lawmaker addressing EU tells Trump to ‘f— off’ over Greenland bid

Next Post
Danish lawmaker addressing EU tells Trump to ‘f— off’ over Greenland bid

Danish lawmaker addressing EU tells Trump to ‘f— off’ over Greenland bid

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Iran’s leader threatens ‘even bigger blow’ against US, Trump says he’s in ‘no rush’ to talk

    Iran’s leader threatens ‘even bigger blow’ against US, Trump says he’s in ‘no rush’ to talk

    July 16, 2025
    Bondi should release ‘credible’ Epstein files, Trump says

    Bondi should release ‘credible’ Epstein files, Trump says

    July 16, 2025
    Jill Biden ‘work husband’ pleads Fifth Amendment, dodges House GOP cover-up probe questions

    Jill Biden ‘work husband’ pleads Fifth Amendment, dodges House GOP cover-up probe questions

    July 16, 2025
    Senate to debate Trump’s $9B clawback bill after dramatic late-night votes

    Senate to debate Trump’s $9B clawback bill after dramatic late-night votes

    July 16, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: Thefinancialhorizons.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thefinancialhorizons.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Editor’s Pick
    • Latest News

    Disclaimer: Thefinancialhorizons.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thefinancialhorizons.com | All Rights Reserved